Unemployment insurance claim levels exploded beginning in October 2008. Those having an active unemployment insurance claim rose from 13,400 in September 2008, to 44,000 by March 2009. Before and after snapshots can be profiled upon the unemployment insurance claimants to see how various gender, educational, and social-economic labor-force cohorts surface within the unemployment insurance system, and how they were impacted by the recession. To do this, pre-recession trends and patterns are established. Then those patterns are evaluated as the recession unfolds, and what is looked for are noticeable deviations from the long-term pattern. When those deviations are seen, then immediate impacts from the recession are assumed.Who was most likely to file for unemployment insurance benefits? Find out by reading the entire article here.
A product of the Workforce Research and Analysis Division of the Utah Department of Workforce Services
Monday, September 26, 2011
Profiling the Recession Upon Classes Within the Labor Force
Mark Knold writes in a recent Trendlines magazine article: